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April 30, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: ESI in April adjusted, two months in a row
Summing up, the Euro Area ESI (Economic Sentiment Indicator), as expected, adjusted in April, -320bpMoM and Portugal: -310bpMoM; both mainly due to lower Consumer Confidence, as the Middle East war and higher petrol prices are impacting...
April 29, 2026
António Seladas, CFA
António Seladas, CFA
Portugal: March's job data – Almost flat with February
Summing up, the job market in March was almost flat with February, unemployment rate 5.83% +3bpMoM, so up to now the storms in February and the Iran war, started in March, has had no impact in the job market. Nevertheless, apparently...
April 17, 2026
António Seladas, CFA
António Seladas, CFA
Portugal – March Private Consumption Indicator slighlty adjusted
Portugal – March Coincident Indicators slightly adjusted, namely Private Consumption, +2.8%YoY; below moving average, meanwhile the general index at 2.0% also adjusted. The DEI, daily economic index, 1QtD average at 2.5%;...
April 17, 2026
António Seladas, CFA
António Seladas, CFA
Portugal – February External data – Tourism is losing steam
In a nutshell, external data in February, remained on the weak side, namely Services surplus, -2.2%YoY and Travel surplus (consolidates into Services): -0.1%YoY...
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